Brandon Ingegneri
$35K profit double assignment
Recently, another investor that I have done tons of business with over the years called me because he came across a house that he knew I would like. Up and coming neighborhood that I knew really well, multi family th...
Shain Ismailovski
New Executive Order in NJ: Using Security Deposit to Pay Rent
Gov. Murphy announced today that he has signed an Executive Order that will allow tenants to use the security deposit as a rent payment. Curious to know everyone's thoughts on this and how the EO will effect your busi...
Harry Williams
How often do you reconcile and record expenses?
Do record expenses and organize receipts as they come in, at the end of the week or month? Currently, I am doing them in excel as they come in but this proves to eat up a lot of time, sporadically throughout the day.
John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Matt R.
Where do landlords actually make the most money (profits) ?
There is so much misinformation on this site it is crazy.Here are the facts; For total profits, cash flow plus equity since 2009 the top 3 locations are San Francisco, San Jose and LA.Since 2000, that is LA, SF and Sa...
Sean Tracey
Considering self managing a rental over an hour and a half away
I would like to hear some fresh perspectives and ideas from the community on how to go about making this a feasible situation. Since all I can do during my capital accumulation phase is read and think about REI, I end...
Destin E. Thomas
Bad Neighbors scaring away prospective Tenants!
Hello BP community, I purchased my first rental property (a duplex) a few months ago and I'm trying to rent out one of the units (I'm househacking), but the neighbors directly across the street are like those wanna-be...
Harry Walker
Are you legally wholesaling?
It's been a while since I've been in real estate. Just really getting my brokerage back up & running. Needless to say I've been bringing myself up to speed on the new laws and surprised at how many people are br...
Jamie K.
Sell my new rental for a 30k profit or keep renting??
Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
Nina B.
Is agreeing to rental terms considered a binding verbal contract?
A Father came to look at our rental for his newly graduated college son. I gave the Father a Rental Application as well as an Oregon Rental Application Addendum & Fee Disclosure. The Father dropped of both signed ...